Microeconomics - Chapter 11: Technology, Production, and Costs

Firms and organizations in developed countries have increased production and reduced costs as they deliver their products and services to customers and clients. It is the cars we drive, the energy we consume, the classes we take. Everything embraces adoption of advances in technology and production processes, while integrating cost benefits. This is where we seek discovery of game changing events shaping the economy of our country, and the world.